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Domestic/Imported Urad Extend Losses At Major Markets

19 Nov 2019 8:38 pm
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Mumbai (Commodities control) – Domestic Urad widen losses at major markets on Tuesday as per quality due to slow millers buying support against ongoing arrivals.

Similarly in early trade session, Burma origin Urad slipped at Mumbai, Chennai, Delhi and Kolkata market as millers opted hand to mouth policy due to liquidity crunch and not interested to purchase at prevailing rates. However, some lower level millers buying was witnessed during closed at Mumbai/Chennai.

Moreover, supply of Urad in containers from Burma is getting clearance by customs, further upcoming supplies in near future.

At Rajkot, new Urad T9 variety traded lower by Rs 200-250 at Rs 4,000-8,500/100Kg in local market with arrivals of 2000 bags. Each bag weigh 100Kg. As per local trader, superior quality T9 variety traded at Rs 9,300-9,400/100Kg on delivery basis for Virudhnagar, Madurai and Chennai.

Due to a sharp rise in Urad prices in recent past, some section of market participants fear that in order to control the prices government may issue fresh quota of Urad from the overseas market where there is ample old and new crop is available. But other section of market belives that government will not interfere in the market and let Urad prices remain high as it has helped improve sentiment in other pulses prices mainly Tur.

Arrivals for tur new crop is expected to start from next month and due to sharp rally in Urad prices, Tur prices have also improved and managed to trade near MSP. In this scenario the government will not like to spoil the sentiment otherwise it will impact tur prices as well and may pull it below MSP and make it obligatory to procure it from farmers at MSP.

Buying interest from millers were seen in purchasing imported Urad at lower rates on immediate requirement for crushing as domestic arrival has failed to gather pace and quality is also not satisfactory in this situation they have to depend on imported urad.

Speculators and stockiest were active at lower rates in the market as they believe that supplies will not be sufficient to meet the domestic demand as the local crop has failed.

Spot New Raw Black Matpe ( Urad) Prices In Key Indian Markets:

State Mandi Sub_Var1 Arrival Price Specifications Prev_Arrival Prev_Price
Maharashtra Ahmednagar Desi 200Bags(100kg) 7300/8300 Mandi 200Bags(100kg) 7500/9000
Maharashtra Akola Desi 200Bags(50kg) 4000/7000 Mandi 200Bags(50kg) 4000/7000
Maharashtra Akola Bilty 7700/7800 Bilty 7700/7800
Maharashtra Barshi Desi 1000Bags(50kg) 6000/8300 Mandi 1000Bags(50kg) 6000/8300
Maharashtra Daryapur Desi 300Bags(100kg) 4500/6000 Mandi 500Bags(100kg) 4500/6000
Maharashtra Dudhani Desi 25Bags(100kg) 7500/8000 Mandi 20Bags(100kg) 7500/8500
Maharashtra Jalgaon Desi 7600/7850 Bilty 7600/7850
Maharashtra Jalna Desi 5000/7650 Mandi 5000/7650
Maharashtra Khamgaon Desi 150Bags(100kg) 4500/6500 Mandi 150Bags(100kg) 4500/6400
Maharashtra Latur Desi 2000Bags(50kg) 7000/9060 Mandi 1500Bags(50kg) 7000/8750
Maharashtra Udgir Desi 6500/8200 Bilty
Maharashtra Washim Desi 100Bags(100kg) 5500/7500 Mandi 100Bags(100kg) 5500/7500
Madhya Pradesh Ashoknagar Desi 250Bags(100kg) 4000/6000 Mandi 250Bags(100kg) 4000/6000
Madhya Pradesh Chhatarpur Desi 100Bags(100kg) 2500/6500 Mandi
Madhya Pradesh Indore Desi 7000/8000 Bilty 7000/8000
Madhya Pradesh Katni Desi 500Bags(100kg) 4500/6000 Mandi 400Bags(100kg) 4500/6000
Madhya Pradesh Mandsaur Desi 100Bags(100kg) 4000/5000 Mandi 100Bags(100kg) 4000/5000
Madhya Pradesh Narsinghpur Desi 350Bags(100kg) 4000/6700 Mandi
Madhya Pradesh Neemuch Desi 200Bags(100kg) 4000/6400 Mandi 200Bags(100kg) 4000/6400
Madhya Pradesh Sagar Desi 200Bags(100kg) 4000/5500 Mandi 200Bags(100kg) 4000/5500
Madhya Pradesh Tikamgarh Desi 4000/6500 Mandi 4500/7500
Karnataka Bidar Desi 500Bags(100kg) 6000/7880 Mandi 500Bags(100kg) 6000/8000
Karnataka Gulbarga Desi 800Bags(100kg) 7000/7500 Mandi 800Bags(100kg) 7000/7500
Andhra Pradesh Guntur Maharashtra Line 8000 Bilty 8100
Rajasthan Kekri Desi 4000Bags(100kg) 7100/7200 Mandi 800Bags(100kg) 5500/7000
Rajasthan Kota Desi 4500Bags(100kg) 4000/6500 5000Bags(100kg) 4000/6500
Uttar Pradesh Lalitpur Desi 4000Bags(100kg) 4000/5000 Mandi 5000Bags(100kg) 4000/5500

Spot Old Raw Black Matpe ( Urad ) Prices In Key Indian Markets:

State Mandi Sub_Var1 Arrival Price Specifications Prev_Arrival Prev_Price
Uttar Pradesh Chandausi Desi 7200 Bilty 7450
Gujarat Dahod Desi 200Bags(100kg) 5000/7000 Mandi 200Bags(100kg) 6500/7300
Rajasthan Jodhpur Desi 7000/7400 Mandi 7000/7500
Andhra Pradesh Guntur Polish 8000 Bilty 8300
Andhra Pradesh Guntur Unpolish 7700 Bilty 8000
Andhra Pradesh Vijaywada Polish 8000 Bilty 8300
Andhra Pradesh Vijaywada Unpolish 7800 Bilty 8100
Maharashtra Mumbai FAQ 7450/7475 Bilty 7600
Tamil Nadu Chennai FAQ 7700 Bilty 7700
Tamil Nadu Chennai SQ 8450 Bilty 8600
Delhi Delhi FAQ 7400 Bilty 7800
Delhi Delhi Rajasthan Line 6800/7000 Bilty 7000/7200
Delhi Delhi SQ 8400 Bilty 8700/8800
West Bengal Kolkata FAQ 7800/7900 Bilty 7900/8000
International 1 Burma SQ (CNF$) 880 890
International 1 Burma FAQ (CNF$) 810 810
International 1 Burma FAQ in kyats (FOB) 1125000 1150000
International 1 Burma SQ in kyats (FOB) 1220000 1220000

Following Are The Rates Of Non-Branded Split Black Matpe (Urad Dal) In Various Indian Spot Markets:

State Mandi Sub_Var1 Price Prev_Price
Gujarat Dahod 11000/12000 11000/12000
Karnataka Gulbarga 11500 11500
Andhra Pradesh Guntur Urad Gota(Branded) 10400 10800
Rajasthan Jodhpur 9500/10500 9500/10500
Maharashtra Latur 10400 10500
Maharashtra Mumbai 9900/10200

Following Are The Rates Of Branded Split Urad (Urad Dal) Traded At Mumbai APMC Market:

State Mandi Price Prev_Price
Rajasthan Bikaner 9900/10100 10000/10200
Maharashtra Jalgaon 9800 10400
Maharashtra Mumbai 10500 11300

(By Commoditiescontrol Bureau; +91-22-40015513)

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